IEO is the certificate of users to participate in each phase of the token sale, which is not digital currency and only for the project purchase on TOKOK Feature at a ratio of 1:1.

Upon completion of the purchase, project tokens will be distributed according to the distribution coefficient and the remaining currencies will be returned.

The projects of TOKOK Feature will be supported by TOKOK exchange to launch in the main trading area.

Details

Total Supply

1,033,200,000 PERL

Amount on TOKOK Feature

1,000,000 PERL

Ratio

1 PERL = 0.07743 USD

（The ratio of TOK will be announced later）

Maximum Purchase Amount for single account

2000 PERL

Lock up

Not required

Type

ERC20

Time

12:00-14:00 (UTC+8) 2019/8/23

Trading pair

IEO/TOK

Participation Qualification

TOKOK VIP Level 2 and above

Note: We will open trading for PERL as other exchanges.

Project intro:

Perlin - A leaderless, proof of stake smart contract platform

Key Features and Highlights

Perlin is a leaderless, proof of stake, smart contract platform. It’s leaderless proof of stake protocol does not use committees or delegation ensuring the security properties of bitcoin but speeds comparable to private chains. Perlin achieves throughput of 31,000+ transactions per second and consistently has 0 to 4 second time to finality, all of which is made possible by Wavelet, a DAG-based probabilistic consensus mechanism. Perlin is pursuing several adoption strategies but is currently focused on the $US 11 Trillion international trade market with its distribution partners such as the International Chamber of Commerce, Enterprise Singapore, Dubai Chamber of Commerce and others.

Leaderless Proof of Stake: A new proof of stake protocol that doesn’t require committees or delegation.

Minimal Hardware Nodes: PERL holders will have the option of running a validator node with minimal hardware requirements (512MB RAM and 2 CPUs) and join in earning a share of transaction fees.

Commercial / Market Traction: Perlin is initially targeting applications in the International Trade space with endorsements from the International Chamber of Commerce, Enterprise Singapore and several noteworthy organizations and companies.

Efficient and Scalable: Wavelet is benchmarked at 31k+ transactions per second and a time to finality between 0-4 seconds.

Engaged, Global Developer Community: Strong developer adoption through AssemblyScript/Rust smart contract SDKs and two previously released libraries, Life and Noise, having over 2,300 stars on Github and 150 forks collectively.

1.When the purchase is completed, PERL will be distributed to users’ account according to distribution coefficient and the remaining TOK will be returned. Distribution coefficient= 1000000 PERL / purchase amount of all users Actual received= Distribution coefficient * IEO purchased;

2.200 lucky users will be selected to share 40% of the tokens. The other users will be able to split the remaining 60% in proportion to their IEO purchased.

Expected amount = IEO held by you/ Amount of IEO purchased by all users except lucky users * 60% of the tokens

3.The rules of lucky draw:

The hash of the first BTC block after 15:00(UTC+8) on 2019/8/23 is taken as the winning sequence, and the hash matches the order ID from the last digit forward. The order ID with the most consecutive numbers of the same digits win the reward. If the number of matched users exceeds the number of lucky users, priority will be given to the users who placed the order earliest.

Detailed rules of hash lucky draw:

The hash of the first BTC block after 15:00(UTC+8) will be confirmed.

The letters are omitted from the hash and a series of numbers are taken as the winning sequence.

For example, the hash is:

0000000000000000000465c474fc032b61b86e550e231336911394be6cc05b60

After omitting the letters, the number is

0000000000000000000465474032618655023133691139460560

Take this as the winning sequence.

The order number of qualified users shall be compared from the last one forward.

The order ID with the most consecutive digits with the winning sequence will win.

Start to compare the order ID and sequence with the most numbers. For example, the maximum order ID digit is 9, and start with the last 9 digits from the winning sequence.

Confirm whether they have the same numbers in a row:

139460560

If there is no match, then compare the last 8 digits, and so on.

If the search the last 4 digits, 3 orders match:

190823111638783000560

190823122342854710560

190823110522857480560

Then the time of the order ID is compared.It is concluded that 190823110522857480560 is the lucky user. Search all winners of this event in turn.

The exchange price will be announced on the morning of August 23.

(TOKOK reserves all the right for the final explanation of this activity.)

1). Feature project is a start-up project, which is in the initial stage and may have risks. Investors are requested to have the self-assessment of investment and understand the risks of blockchain start-up projects and master advanced investment and financial knowledge.

2). The contents of announcements and other information on TOKOK do not constitute investment advice, and TOKOK will not bear any direct or indirect losses arising from reliance on such information. TOKOK does not undertake the responsibility of guarantee and compensation.